Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Apriem Advisors

Apriem Advisors boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 123,049 shares of the company’s stock after acquiring an additional 2,823 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 2.9% of Apriem Advisors’ investment portfolio, making the stock its 10th largest holding. Apriem Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $31,122,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Garner Asset Management Corp acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth about $25,000. New Millennium Group LLC boosted its position in Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after acquiring an additional 94 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Imprint Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $31,000. Finally, Bank & Trust Co acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $297.01 on Friday. The firm has a market cap of $89.16 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 52-week low of $215.55 and a 52-week high of $308.21. The stock has a 50-day simple moving average of $280.33 and a 200-day simple moving average of $261.51.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.3277 per share. The ex-dividend date was Monday, March 23rd. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

Invesco NASDAQ 100 ETF Company Profile

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.